Our socy is located in pune This year the present mc failed to hold agbm within the stipulated period of 30th sept Actually mc forgot about the agbm and it was only after the undersigned questioned them on 28th sept about the regulations to hold agbm befor 30th sept was to end The mc ran to dy registrar office claiming the accounts were not properly handed over to them after taking charge in april 2015 They also prayed their willingness to pay the necessary fine of rs 5000 so they can continue to hold office Till date they have not informed the unit holders about failing to hold agbm on time
Can this mc go scot free by just paying fine of rs. 5000
Or should the registrar disqualify them and also fine them for the default
Our socy is located in pune
ReplyDeleteThis year the present mc failed to hold agbm within the stipulated period of 30th sept
Actually mc forgot about the agbm and it was only after the undersigned questioned them on 28th sept about the regulations to hold agbm befor 30th sept was to end
The mc ran to dy registrar office claiming the accounts were not properly handed over to them after taking charge in april 2015
They also prayed their willingness to pay the necessary fine of rs 5000 so they can continue to hold office
Till date they have not informed the unit holders about failing to hold agbm on time
Can this mc go scot free by just paying fine of rs. 5000
Or should the registrar disqualify them and also fine them for the default
Regards
Girish Dhake